News Summary (MCD, OCR, COST)

Shares of McDonald's Corp MCD lost about 1.8% after the company reported 4.8% rise in its global same-store sales. The company's same-store sales increased 4.9% both in the US and Europe. MCD reported 2.4% rise in same-store sales in the Asia/Pacific, Middle East and Africa. Shares of Omnicare Inc OCR rose about 2.7% after the company appointed John Figueroa as the company's chief executive officer (CEO). Figueroa will replace James Shelton as the CEO. Shares of Costco Wholesale Corp COST lost about 0.9% after the company reported 18% y/y surge in FQ1 net income rose. The company's earnings came in at $0.71 per share, up from $0.60 per share, in the year-ago quarter. The company's net sales increased to $18.82 billion from $16.92 billion. However, analysts expected earnings at $0.69 per share on $20.59 billion in sales. Read more from Benzinga's Markets.
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Posted In: EarningsNewsManagementIntraday UpdateMarketsConsumer DiscretionaryConsumer StaplesHealth CareHealth Care ServicesHypermarkets & Super CentersNews SummaryRestaurants
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